Jackson Hole Preview: Warsh Faces A Bond Market The Fed Cannot Control

Jackson Hole may matter less for the next rate move and more for how Kevin Warsh plans to make the Fed less predictable. The 30-year Treasury hovering near 5.25%, is sending a warning: the Fed controls short-term rates, but not the price investors demand to fund Washington for decades.

Source: Seeking Alpha

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Category General

Source Seeking Alpha

Published 1 month ago

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News ID #10,368

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